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Global Residential Outdoor Storage Products Market 2017-2021

Global Residential Outdoor Storage Products Market 2017-2021

About Residential Outdoor Storage Products

Residential outdoor storage products include storage sheds, and decks and boxes that are used for storing garden furniture or equipment, quad bikes, mobility scooters, bicycles, barbecue tools, motorbikes, and others. These storage products are available in a variety of sizes, designs, and materials. With the increasing consumer emphasis on comfortable, well-furnished, and improved outdoor spaces, manufacturers of outdoor furniture are being encouraged to develop new and improved products. This factor has helped broaden the existing range of outdoor furniture available in the market. Innovations in terms of style, design, fabric, and material have also led to the expansion of product portfolios of vendors. Apart from the aforementioned factors, the growing demand for eco-friendly furniture is also favoring the market's growth. Thus, with an increase in demand for outdoor furniture, the demand for residential outdoor storage products will also increase.

Technavio’s analysts forecast the global residential outdoor storage products market to grow at a CAGR of 3.96% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global residential outdoor storage products market for 2017-2021. To calculate the market size, the report considers the sales, volume, and value; and exclude new installations, shipments, retrofit, replacement, spares, aftermarket, and services market.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Residential Outdoor Storage Products Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Lifetime Products
  • Newell Brands
  • ShelterLogic
  • Suncast
Other prominent vendors
  • Harwal Group
  • Palram Applications
  • Cedarshed
  • Porta-King
  • Keter
  • Absco Sheds
  • Leisure Season
Market driver
  • Multiple benefits of residential outdoor storage products
  • For a full, detailed list, view our report
Market challenge
  • Long replacement cycle
  • For a full, detailed list, view our report
Market trend
  • Surge in innovative product designs
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Residential Outdoor Storage Products Market 2017-2021

Technavio recognizes the following companies as the key players in the global residential outdoor storage products market: Lifetime Products, Newell Brands, ShelterLogic, and Suncast

Other Prominent Vendors in the market are: Harwal Group, Palram Applications, Cedarshed, Porta-King, Keter, Absco Sheds, and Leisure Season.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Surge in innovative product designs. Residential outdoor storage product manufacturers are coming up with innovative and trendy designs with the changing consumer needs. With advances in technology, these competitors produce multi-functional and durable products to maintain a competitive edge. The market has also witnessed an evolution in the use of raw materials in residential outdoor storage product manufacturing processes.”

According to the report, one of the major drivers for this market is Multiple benefits of residential outdoor storage products. Residential outdoor storage products help in utilizing and enhancing the available space and can be used in diverse ways. For instance, these products can store unused furniture, garden furniture or equipment, quad bikes, mobility scooters, bicycles, barbecue tools, and motorbikes. These storage boxes are available in a variety of designs and materials; consumers can choose between plastic, wooden, metal, and wicker residential outdoor storage boxes. Many of these products are waterproof and keep all the items safe during different weather conditions. Moreover, most models feature a lock for extra security and come with a floor panel to offer the best protection; these products do not rot, rust, or get damaged easily. In addition, these products are portable and easy to assemble as they do not need special tools to set up, which, in turn, makes them more convenient for residential users.

Further, the report states that one of the major factors hindering the growth of this market is Long replacement cycle. Generally, consumers purchase residential outdoor storage products if they have a large open area that they can utilize. Modern interior design trends play a vital role in the purchase decisions of customers. Most of the residential outdoor storage products such as sheds, and decks and boxes are meant for long-term use and do not require frequent replacement. Branded residential outdoor storage products are durable and of superior quality; consumers only need to take care of the maintenance and cleaning cost over the years, which is very low. In addition, as consumers do not buy these products frequently, marketers find it difficult to build brand loyalty. This reduces the need for frequent purchase of the products, which is one of the major challenges for the global residential outdoor storage product market.

Companies Mentioned

Lifetime Products, Newell Brands, ShelterLogic, and Suncast, Harwal Group, Palram Applications, Cedarshed, Porta-King, Keter, Absco Sheds, and Leisure Season.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
  • Market outline
    • Table Outdoor furniture market in US 2016-2021 ($ billions)
  • Market landscape
  • Market overview
    • Table Global residential outdoor storage product market 2017-2021
  • Market size and forecast
    • Table Global residential outdoor storage product market 2016-2021 ($ millions)
  • Five forces analysis
    • Table Five forces analysis
  • Market segmentation by distribution channel
  • Global residential outdoor storage product market by distribution channel
    • Table Global residential outdoor storage product market by distribution channel 2016 (% share of revenue)
  • Global residential outdoor storage product market by offline distribution channel
    • Table Global residential outdoor storage product market by offline distribution channel 2016-2021 ($ millions)
    • Table Global residential outdoor storage product market: Offline distribution channel segmentation 2016 (% revenue)
  • Global residential outdoor storage product market by online distribution channel
    • Table Global residential outdoor storage product market by online distribution channel 2016-2021 ($ millions)
  • Market segmentation by product
    • Global residential outdoor storage product market: Product segmentation
      • Table Global residential outdoor storage product market by product type
      • Table Global residential outdoor storage product market: Segmentation by product 2016 (% revenue)
    • Global residential outdoor storage sheds market
      • Table Global residential outdoor storage sheds market 2016-2021 ($ millions)
    • Global residential outdoor storage decks and boxes market
      • Table Global residential outdoor storage decks and boxes market 2016-2021 ($ millions)
  • Regional landscape
    • Geographical segmentation
      • Table Americas - Market size and forecast 2016-2021
    • Regional comparison
      • Table Regional comparison
    • Americas - Market size and forecast
      • Table Americas - Market size and forecast 2016-2021 ($ millions)
      • Table Americas - Year-over-year growth 2017-2021
      • Table Top 2 countries in Americas
    • EMEA - Market size and forecast
      • Table EMEA - Market size and forecast 2016-2021 ($ millions)
      • Table EMEA - Year-over-year growth 2017-2021
      • Table Top 2 countries in EMEA
    • APAC - Market size and forecast
      • Table APAC - Market size and forecast 2016-2021 ($ millions)
      • Table APAC - Year-over-year growth 2017-2021
      • Table Top country in APAC
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Surge in innovative product designs
    • Greater use of eco-friendly products
    • High online penetration
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
  • Key vendor analysis
    • Lifetime Products
      • Table Lifetime Products in global residential outdoor storage product market
    • Newell Brands
      • Table Newell Brands: Business segmentation by revenue 2016
      • Table Newell Brands: Geographical segmentation by revenue 2016
      • Table Newell Brands in global residential outdoor storage product market
    • ShelterLogic
      • Table ShelterLogic in global residential outdoor storage product market
    • Suncast
      • Table Suncast in global residential outdoor storage product market
  • Appendix
    • List of abbreviations
  • Explore Technavio

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